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One in Seven Seniors Faces Social Security Check Cuts in 2010
Date:6/10/2009

r due solely to likely increases in Medicare Parts C and D, for which no hold harmless provision exists. Note: Millions of other seniors will also be affected, as our estimate includes just those who will have automatic reductions to their Social Security checks. Additional millions of seniors who pay plans directly will also have fewer Social Security dollars leftover next year.

"It's bad enough that seniors will have to endure rising costs next year without an increase in their Social Security checks -- but to actually cut checks for millions of seniors in this economy borders on cruelty," said Daniel O'Connell, TSCL chairman. "Our members are already unable to afford their prescriptions, rent, and air conditioning. We simply can't survive year-after-year of cuts."

See "Night in America," our latest video about seniors at risk, at www.YouTube.com/SeniorCitizensLeague.

A majority of those aged 65 and over who receive a Social Security check depend on it for at least 50 percent of their total income, and one in three beneficiaries rely on it for 90 percent or more of their total income.

TSCL is lobbying for a change in the Consumer Price Index (CPI) used to determine the COLA.

TSCL supports two CPI-E (Consumer Price Index for the Elderly) bills in the current Congress: H.R. 2429 and H.R. 2365.

To read the full press release, visit www.SeniorsLeague.org.

With 1.2 million supporters, The Senior Citizens League (TSCL) is one of the nation's largest nonpartisan seniors groups. TSCL is a proud affiliate of The Retired Enlisted Association.


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SOURCE The Senior Citizens League
Copyright©2009 PR Newswire.
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